The Markets

Eastman Kodak Co. (or “Kodak”) (NYSE: EK) founded in 1880 and known globally for generations by its “yellow-and-red” K logo announced today that it had enetered bankruptcy. This follows a surprising string of other recent bankruptcy filings from once strong, well-known companies such as American ...

When I arrived to the office this morning about an hour before the U.S. stock market opened, I was fearful that we might be in for a “deja vu” kind of day involving Europe’s bad news raining on the U.S. ...

Two days ago Dollar Thrifty (NYSE: DTG) gave Tulsa, Oklahoma an early Christmas present when it announced that it had taken itself off the market and out of the solicitation process with Hertz (NYSE: HTZ) or anyone else which in the near term preserves ...

Avis (NYSE: CAR) cleared up a lot of things this morning when it announced that they had officially dropped out of the Dollar Thrifty (NYSE: DTG) bidding war. Without a doubt, the ball is now unequivocally in Hertz’s (NYSE: HTZ) court. But, what will ...

I just checked my last blog post….it is dated July 25, 2011. Yikes! How time flies!?! Unfortunately, the U.S. and global financial markets have been putting on quite a show of extreme volatility and historic unpredictability. All in all, I ...

Over the weekend, according to The Wall Street Journal, Republicans and Democrats on Capitol Hill remained split over how much to increase the debt limit—enough to get past the 2012 election or not—and how much to cut spending. A break in the ...

The aggressive bidding war for Southern Union (NYSE: SUG) added a chapter on Tuesday as Energy Transfer Equity, LP (NYSE: ETE) agreed to once again buy the company at about $44.25 a share (the offer will fluctuate based on the movement ...

Yesterday, I visited Amazon.com (Nasdaq: AMZN) and purchased a book, a DVD movie, and two music cds. On a related note, Border’s (NYSE: BGP) announced that will go into liquidation this week and officially go out of business in late September ...

Unless you live under a rock without internet access, you know that Tulsa-based Dollar Thrifty (NYSE: DTG) has been aggressively courted and pursued by Hertz (NYSE: HTZ) and Avis (NYSE: CAR) for more than a year. While Hertz’s initial offer of $41 per ...

Two questions: are Syntroleum (Nasdaq: SYNM) shareholders riding high on chicken fat? After yesterday, the answer is unequivocably, NO! Were Syntroleum shareholders previously riding high on chicken fat. Yes, four years ago when the Dynamic Fuels joint venture with Tyson ...